Nationwide Cap, Par, and Fixed Rates are Increasing in Select IUL Products
- March 15, 2023
- Carrier News, Nationwide, Rates
Effective April 15, 2023
As the interest rate environment improves, Nationwide is excited about offering some better rates to help generate more value for your indexed universal life (IUL) clients.
Nationwide is introducing newly increased cap, participation, and fixed rates in select IUL products.
These changes offer clients the opportunity to gain even greater growth potential — including higher participation rates on all of our uncapped volatility control indexed interest strategies.
Key dates
- March 16, 2023: Illustration software will be updated with new rates
- April 7, 2023: Life illustration software will be lowered to a 5.33% maximum illustrative rate for Plus strategies in Nationwide IUL Accumulator II 2020 due to AG 49-A regulatory changes expected May 1, 2023
- April 15, 2023: New rates will become effective
Check out our guide for more details about new rates and important deadlines.
- March 15, 2023
- Benkis Barrueta
- Carrier News, Nationwide, Rates
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